News 2009 April 29

Volga-Fleet BOD recommends shareholders to pay dividends for 2008

Net profit of Ukraine’s seaports up 4-fold to UAH 522.5 mln in Q1 09 – transport and communication minister

Net loss of Wadan Yards Оkean (Ukraine) up 20-fold to UAH 131 mln in 2008

All-Russia Forum "Current State and Prospects for Development of Russian Bunker Services Market" to be held June 25-26 in St. Petersburg

Port of Seattle opens $72 million cruise terminal

China maps out plan for Shanghai global financial hub

Cruise lines cancel Mexico port calls

Danaos delays delivery of 15 boxship newbuilds

Russia's LUKoil posts 7.5% net profit increase to $423 mln in 1Q9

IMCL starts service between Rotterdam and DCT Gdansk

Cosco Pacific first-quarter net income down 34%

Development of Murmansk transport hub lags behind shelf development – transport minister

Russian ships to continue patrolling waters near Somali coast – defense minister

Russia to raise oil export duty from $110 to $137.7 per ton

Krasnoye Sormovo to deliver Samur River tanker to Palmali on May 20, 09

RAS net profit of LENMORNIIPROEKT up 9 times to RUR 12.8 mln

Israeli ports to be privatised in 2011

China's shipbuilder Rongsheng aims for IPO this year

Hapag-Lloyd raises Far East rates

“K” Line profit falls 61 percent in fiscal 2008

China, Peru sign trade pact

Russia, Bulgaria to sign South Stream deal in 2 weeks - Putin

India's Port of Jawaharlal Nehru extends terminal bidding deadline

"Vladivostok Sea Facade" undergoes construction changes

Seattle, Tacoma box volumes drop in March

Panama Canal upgrades tugboat fleet

Russian ship Admiral Panteleyev detains Somali pirates' boat

Oil price down to $49.99 in London and to $49.92 in New York